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Qualcomm call volume above normal and directionally bullish

Bullish option flow detected in Qualcomm (QCOM) with 9,510 calls trading, 1.1x expected, and implied vol increasing over 1 point to 29.66%. Jun-26 150 calls and 6/27 weekly 157.5 calls are the most active options, with total volume in those strikes near 2,900 contracts. The Put/Call Ratio is 0.29. Earnings are expected on July 30th.

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